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Re: investsen post# 1784

Friday, 05/03/2019 10:22:04 AM

Friday, May 03, 2019 10:22:04 AM

Post# of 2601
......again, you are probably correct..........I believe the final NOL numbers have to be signed off on by the IRS..........and the biggest number is the bank charge-off and I believe further, the FDIC needs to concur with that number..........................all math.................

...and there is the possibility that, using the 700 NOL #, the purchase price becomes, like $125mm..........etc..............and the buyer might only pay less than the 18%..............or they agree to pay 18% on an assumed NOL...............then go back to the IRS and jack it up, with the FDIC backing..............nasty stuff............FASCISM........aimho......





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